Markets
AMD to Release Q3 Earnings Amid Chip Market Turbulence
Advanced Micro Devices (AMD) is preparing to report its third-quarter results after the market closes on November 3, 2026. The company’s stock has faced a challenging environment, dropping nearly 11% recently and now sitting about 30% below its all-time high reached just a month ago.
Analysts anticipate AMD will report revenue of approximately $13.1 billion, marking a 42% increase from the $9.25 billion reported in the same quarter last year. Expectations for adjusted earnings per share are even higher, with projections around $1.95, up 62% from $1.20 in Q3 2025.
The driving force behind these optimistic projections is AMD's Data Center segment, which is expected to generate between $8.2 billion and $8.3 billion in revenue. This growth is largely attributed to two key product lines: the EPYC server processors and the Instinct AI accelerators, both essential for cloud computing and AI applications.
Despite the positive outlook, AMD's stock has been affected by broader market trends, particularly following Intel's disappointing earnings forecast, which has led to increased caution among investors in the semiconductor sector.
AMD’s involvement in AI infrastructure, particularly its partnership with Meta to test the Helios systems, is also a focal point for investors. The potential for a custom MI450 GPU deal with Meta could further bolster AMD's position in the AI market.
As AMD prepares for its earnings call at 5 p.m. ET, investors will be keenly watching the Data Center revenue figures and any updates regarding its collaboration with Meta, which could provide critical insights into the company's future performance.
FAQ
When is AMD scheduled to report its Q3 earnings?
AMD is set to report its third-quarter results after the market closes on November 3, 2026.
What revenue is AMD expected to report for Q3 2026?
Analysts anticipate AMD will report revenue of approximately $13.1 billion, which would represent a 42% increase from the $9.25 billion reported in the same quarter last year.
What factors are driving AMD's optimistic revenue projections?
The optimistic projections are largely driven by AMD's Data Center segment, expected to generate between $8.2 billion and $8.3 billion in revenue, primarily from the EPYC server processors and Instinct AI accelerators.
How has AMD's stock performed recently?
AMD's stock has faced challenges, dropping nearly 11% recently and is currently about 30% below its all-time high reached just a month ago.
What role does AMD's partnership with Meta play in its future outlook?
AMD's partnership with Meta, particularly in testing the Helios systems and the potential for a custom MI450 GPU deal, is a focal point for investors and could significantly bolster AMD's position in the AI market.